... nitrogen compounds than other fossil fuels) was quickly appraised. In fact, gas consumption will grow faster than oil utilization in the coming decade at an average annual consumption growth of 2.2%, with much of this growth being driven by China. LUKoil sees that for Russia this is not good news as it is yet to complete any big gas deals with China, while its traditional European market is forecasted to persist in being difficult. Although European production will actually decline and imported gas will increase, the competition is expected to heat up a lot after 2015 as more potential suppliers enter the market (e.g. ...
... as Mitrova highlights (in reference to Simon Pirani's recent work), Central Asia has completely moved towards the Chinese market and we ought to blame the squabbling between the EU and Russia over gas matters, as whilst these were ongoing the gas/oil potential of Central Asia was lured towards China. As we are currently seeing the infrastructure is being reversed away from Europe to Asia, yet again underlining that EU's actions were once again detrimental to its energy security with an additional cost of diminished relations with Russia.
Russia's Uncertain Footing and China's Roar:
As Mitrova ...
... and domestic challenges will be discussed. In this post I am joined by the Head of Oil and Gas at the Energy Research Institute of the Russian Academy of Sciences, Dr. Tatiana... ... some of the findings and research conducted. In this first post of two-part special, a Europe-Russia focused question and answer session is outlined with Dr. Tatiana Mitrova, whereas in the subsequent second post, coming later, we look at China-Russia.
Europe-Russia ‘Special Deal Severed’:
In normal...
... research concerns capitalism, religion, ethics, civil economy, European Union and wider Europe like Russia, Ukraine and Turkey.... ... system, its agents, or other factors?
The continuous eurozone turmoil provides a microcosm for the wider global economy. It has variously ... ... West and instead go East – as soaring trade levels with China already foreshadow.
However, Russia remains a European ... ... anti-Russian stance. Has this occurred due to European attempts to lower gas import prices, or more serious underlining issues? Europe’s ...
... 2030: Dream or Reality?
The rising politicization of Euro-Russian energy relations is casting doubt over future volumes of oil and gas supply to Europe, according to two researchers from Masaryk University. Their recent article evaluates the difference between policy ambitions ... ... “Energy Strategy to 2030” (ES-2030) publication; released in 2009. M. Mareš and M. Laryš argue that China’s rise is creating a great opportunity for Russia as an extra energy market, but at the same time, current conditions ...
... fields will be a big worry for Russia. Finally, on the positive side, although Turkmenistan has increased production of gas in 2013 - it has been relatively small at 3bcm, with also internal consumption growning quicker, which will lower exports to China, or potentially to the EU market (See: NaturalGasEurope). Also, political turmoil in Egypt could potentially shift it to be a net-importer with Russia dubbed as a potential supplier (See: VoiceofRussia). A lot will depends on Egyptian government as like with many countries energy imports are tightly regulated. Finally, it is a ...
Alongside my typical journalistic duties at ‘Oil & Gas Eurasia Magazine’, I tend to daily scan both Russian and Western media outlets, news stands, twitter profiles, oil companies ... ... of exporting shale - as many in the US argue it should be aimed predominantly at the home market.
Non-US Shale Progress (Europe and Asia):
China is eager to jump on the Shale Revolution and aims to produce 100 billion cubic meters by 2015. Firms like Shell, Chevron,...
... peacekeeping force. So its overall military interest is to continuously have a foothold in the region. However, the role of China in the region, the American war in Afghanistan since 2001 and the European Union which has been gaining an interest there since 2006-2007 in an attempt to exploit Central Asia’s need to ... ... energy exports – have impacted upon Russia’s position. Moreover, the E.U. in particular wants access to Turkmen gas and Kazakh oil and gas, as a way to diversify its energy imports and rely less on Russia.
However, the Central Asian states will remain ...
... will be no immediate Mayan apocalypse as some may have felt, but in today’s world things change quickly making one ponder – what must be done to stop any changes, how to adapt to them if they occur and what if sceptics are right?
«Oil and Gas Dialogue: Russian Gas in the European Market» Joint International Forum held at IMEMO RAN conference hall on 7th December 2012; moderated by Ivanova N. I., RAN Academic and Associate Director of IMEMO RAN, and Eric Dam, General Director of Energy Delta Institute.
Optimism ...
... Israel has off-shore shale potential, Middle East could make a stable return to supply Europe and if China gets the technological means it may mine its shale reserves which are the biggest... ... $70 per 1000 cubic meters, Australia at $120-$140 and Algeria and Qatar sell natural gas just above that. But Russia could continue to compete if it improves efficiency... ... selling point in the turbulent world.
«3rd International Eastern Siberia Oil & Gas Conference» held at Baltschug Kempinski Hotel (Moscow), on 28th November...
